15965 Shannon Road, Los Gatos, California 95032, Los Gatos, 95032 - 5 bed, 4 bath

15965 Shannon Road, Los Gatos, California 95032 home-pic-0

15965 Shannon Road

Los Gatos, California 95032

ACTIVE
CONDITION: GOOD
5Beds
4Baths
4,268Sq Ft
52,272Lot Size

Property Price

LIST PRICE$4,980,000
EST. MARKET VALUE
$4,927,706

SUMMARY

Analysis of 15965 Shannon Road, Los Gatos, California 95032 reveals a Fairly Priced Property with a current list price of $4,980,000  aligned with the estimated $4,927,706 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Gatos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$4,927,706
Based on Realkey algorithm analyzing recent comparable sales in Los Gatos.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1987-built estate is in move-in ready condition with significant high-end updates. The kitchen has been recently renovated with top-of-the-line appliances, stone countertops, and modern cabinetry. The property also features modern upgrades like owned solar panels and a separate pool house. While the kitchen is excellent, the presence of wall-to-wall carpeting in several living areas and the 1980s architectural style suggest the home has been well-maintained and partially updated rather than undergoing a comprehensive, full-property renovation within the last five years.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52272, living area = 4268.

  • Expansive Private Estate

    Situated on over 1.2 acres of park-like grounds with dual gated access, this property offers a rare level of privacy and scale within close proximity to downtown Los Gatos.

  • Versatile Entertainment Amenities

    The residence features a dedicated media room and a separate pool house, providing exceptional flexibility for guest accommodations, recreation, or a private home office.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 4268, other record living area = 3944.

  • Market Momentum Concerns

    Multiple price reductions from the original listing price of $5.395M down to $4.98M may indicate a challenge in aligning with current buyer expectations or market conditions.

  • Mixed Interior Finishes

    Despite high-end kitchen updates, the presence of wall-to-wall carpeting in living areas may feel dated to modern luxury buyers who typically prefer consistent hardwood or stone flooring.

About 15965 Shannon Road

Set behind private gates in one of Los Gatos most sought after neighborhoods, this exceptional estate offers a rare blend of privacy, scale, and refined comfort. Surrounded by park-like landscaping, the property is designed for both everyday living and effortless entertaining. The residence is filled with natural light and features a thoughtful floor plan with stone and tile surfaces complemented by warm carpeted living spaces. An updated kitchen anchors the home with top-of-the-line appliances, and seamless connection to adjacent living/family room and dining areas. Four fireplaces located throughout the home enhance both function and ambiance. Designed for entertainment and retreat, the home boasts a media room and a separate pool house, offering flexibility for guests, recreation, or future expansion. Additional highlights include 2 separate access gates, owned solar panels, and expansive grounds that evoke a tranquil, estate-like atmosphere rarely found so close to downtown Los Gatos. This is a unique opportunity to own a residence that combines privacy, sophistication, and lifestyle versatility in an exceptional Silicon Valley location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1987
Lot Size
52,272 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
84%
Baths4.03.0
74%
Square foot4,2682,205
95%
Lot Size52,2729,355
91%
Price$4.98M$3.00M
93%
Price per sq ft$1.2K$1.4K
23%
Built year19871967
72%
HOA$0$0
50%
Days on market55179
14%

Pricing History

Listed for Sale

Mar 1, 2026

$4,980,000

$5,195,000

-4% Price Drop

Initial Listing

Price Change

Feb 15, 2026

$5,195,000

$5,395,000

-4% Price Drop

Initial Listing

Price Change

Jan 11, 2026

$5,395,000

Initial Listing

Sold

May 28, 2015

$2,800,000

Public Record

Sold

May 15, 1997

$1,250,000

Public Record

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